Dan Frey Home Loans
Call Dan

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$294,971$226,710
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.700%7.400%
Blended rate7.550%7.640%
1st payment$1,996.37$1,569.69
2nd payment$0.00$0.00
Taxes / mo$275.83$275.83
Insurance / mo$150.00$150.00
MI / mo$219.15$45.34
HOA / mo$12.83$12.83
Total monthly$2,654.18$2,053.70
Cash to close$0$25,190